Business news
Every working day, we’ll publish one story on the hottest tax, business or personal finance developments. From mortgages to inheritance tax, from Making Tax Digital to IR35, if there’s something occurring that will effect our clients, we want to make sure they know about it without having to wade through government papers or press releases. If you want to know more about the implications of any of these stories on your financial situation, get in touch – we’re always happy to talk.
Corporate insolvencies down 6% in July
Insolvencies remain higher than pre-pandemic levels.Inflation falls to 6.8% in July
Flights and hotels keep prices high.Pay growth ends 18 month wage squeeze
Higher pay may alarm inflation-busting policymakers.One million more pulled into tax on savings
Over 2.7m will pay tax on cash interest in 2023/24.Govt. to reform personal insolvency framework
Policy will align framework with ‘the needs of 21st century stakeholders’.CIOT: remove CIS deductions on landlord payments
Construction tax rules ‘cause problems’ between tenants and landlords.Economy grows by 0.2% in second quarter
Information and accommodation industries fuel growth.UK rental market shrinks by 400,000 homes
Estimated 126,500 rental properties sold since 2022.Importers alter supply chains due to geopolitics
Importers particularly concerned about relations with China.Interest rates rise again, despite fall in inflation
Bank of England increases rate to 5.25%.
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